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While Bank Transfer Day helped to boost membership to record numbers, the industry could see an exodus of some of its more profitable members in 2013 if credit unions are not capitalizing on those relationships.

When Credit Union Times asked Fred Johnson, president/CEO for Credit Union Executives Society, what he sees as an emerging trend in the way credit unions are run, one of his responses was collaboration.

The NCUA said Friday night it has assumed conservatorship of Telesis Community Credit Union in California and liquidated Saguache County Credit Union in Moffat, Colo.

The $5 million Armstrong Preferred Members FCU in Bourbonnais, Ill., is now running on the Sharetec core processing system from Bradford-Scott Data Corp. in Indianapolis.

After seeing monthly market shares from 18% to 24% just prior to the recession, credit union auto loan programs may be returning to those record levels.

Bell served as chair, in other positions, in more than 37 years of service to Sacramento credit union.